ECONOMY

Germany expects IMF to remain on board with Greek bailout

Germany expects IMF to remain on board with Greek bailout

Germany expects the International Monetary Fund (IMF) to stay on board in Greece's bailout program to evaluate Athens' reform efforts, a Finance Ministry spokeswoman said on Wednesday.

"Regarding the talks on the second review … the talks are being held in a very constructive manner, the IMF is already on board and taking part on an operating basis," spokeswoman Friederike von Tiesenhausen told a regular news conference.

Asked whether the German government expected the IMF to remain on board, she said: "Yes, of course."

Von Tiesenhausen denied a media report that some euro zone finance ministers and IMF officials were planning to meet on Friday in Berlin to discuss Greece's bailout.

She added that debt relief for Greece would not be considered until after the existing bailout program is completed in 2018. [Reuters]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.